Verizon Communications Inc., through its subsidiaries, offers communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. The company's Wireless segment provides wireless voice and data services; Internet access on various notebook computers and tablets; international travel wireless services; and network access services to deliver various Internet of Things products and services, as well as offers digital advertising and digital media services platforms. This segment also provides wireless devices, including smartphones and basic phones, wearables, and tablets and other Internet access devices. As of December 31, 2018, it had 118.0 million retail connections. Its Wireline segment offers traditional circuit-based network products and services; networking solutions, comprising private Internet protocol (IP), Ethernet, and software-defined wide area network, as well as cyber security services; local exchange, regional, long distance, and toll-free calling services; voice messaging and conferencing services; and workforce productivity and customer contact center solutions, as well as residential fixed connectivity solutions, including Internet, TV, and voice services under the Fios brand name. This segment also provides premises equipment, as well as installation, maintenance, and site services; data, voice, local dial tone, and broadband services primarily to local, long distance, and wireless carriers; voice and networking products, Fios services, IP networking, voice solutions, security, and managed information technology services for small and medium businesses, state and local governments, and educational institutions; and security and managed network services. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was founded in 1983 and is headquartered in New York, New York.

Underperform Votes

Community Sentiment

Verizon Communications has received 57.04% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Verizon Communications and other stocks. Vote “Outperform” if you believe VZ will outperform the S&P 500 over the long term. Vote “Underperform” if you believe VZ will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.0 Company Ownership

In the past three months, Verizon Communications insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $613,482.00 in company stock.

Miscellaneous

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Verizon Communications (NYSE:VZ) Frequently Asked Questions

How has Verizon Communications' stock been impacted by COVID-19 (Coronavirus)?

Verizon Communications' stock was trading at $54.83 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, VZ shares have increased by 5.3% and is now trading at $57.74. View which stocks have been most impacted by Coronavirus.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Verizon Communications in the last year. There are currently 14 hold ratings, 6 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Verizon Communications.

When is Verizon Communications' next earnings date?

How can I listen to Verizon Communications' earnings call?

Verizon Communications will be holding an earnings conference call on Friday, July 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Verizon Communications' earnings last quarter?

Verizon Communications Inc. (NYSE:VZ) released its earnings results on Friday, April, 24th. The cell phone carrier reported $1.26 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.22 by $0.04. The cell phone carrier had revenue of $31.81 billion for the quarter, compared to analyst estimates of $32.37 billion. Verizon Communications had a return on equity of 33.26% and a net margin of 14.00%. The firm's revenue was down 1.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.20 EPS. View Verizon Communications' earnings history.

How often does Verizon Communications pay dividends? What is the dividend yield for Verizon Communications?

Verizon Communications announced a quarterly dividend on Thursday, June 4th. Stockholders of record on Friday, July 10th will be paid a dividend of $0.615 per share on Monday, August 3rd. This represents a $2.46 dividend on an annualized basis and a dividend yield of 4.26%. The ex-dividend date is Thursday, July 9th. View Verizon Communications' dividend history.

How will Verizon Communications' stock buyback program work?

Verizon Communications declared that its Board of Directors has approved a stock buyback plan on Thursday, February 6th 2020, which allows the company to buyback 100,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its shares are undervalued.

What guidance has Verizon Communications issued on next quarter's earnings?

Verizon Communications updated its FY 2020
Pre-Market earnings guidance on Friday, April, 24th. The company provided earnings per share (EPS) guidance of 4.71-4.91 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.86.

What price target have analysts set for VZ?

21 equities research analysts have issued 12-month target prices for Verizon Communications' stock. Their forecasts range from $54.00 to $70.00. On average, they anticipate Verizon Communications' share price to reach $61.61 in the next year. This suggests a possible upside of 6.7% from the stock's current price. View analysts' price targets for Verizon Communications.

Has Verizon Communications been receiving favorable news coverage?

Media headlines about VZ stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Verizon Communications earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave news headlines about the cell phone carrier a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next several days. View the latest news aboutVerizon Communications.

Which major investors are selling Verizon Communications stock?

VZ stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Capital Research Global Investors, Deutsche Bank AG, BlackRock Inc., 1832 Asset Management L.P., State of Michigan Retirement System, Invesco Ltd., and Alberta Investment Management Corp. Company insiders that have sold Verizon Communications company stock in the last year include Anthony T Skiadas, Craig L Silliman, and Tami A Erwin. View insider buying and selling activity for Verizon Communications.

Which major investors are buying Verizon Communications stock?

VZ stock was bought by a variety of institutional investors in the last quarter, including Advisor Group Holdings Inc., Capital International Investors, Rockefeller Capital Management L.P., APG Asset Management N.V., Two Sigma Advisers LP, Swiss National Bank, Capital World Investors, and California Public Employees Retirement System. View insider buying and selling activity for Verizon Communications.

How do I buy shares of Verizon Communications?

Shares of VZ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Verizon Communications' stock price today?

One share of VZ stock can currently be purchased for approximately $57.74.

How big of a company is Verizon Communications?

Verizon Communications has a market capitalization of $238.93 billion and generates $131.87 billion in revenue each year. The cell phone carrier earns $19.27 billion in net income (profit) each year or $4.81 on an earnings per share basis. Verizon Communications employs 135,000 workers across the globe.